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  • Market Realist2 years ago

    Why AQR Capital initiates new position in Nordion

    The fund started a new position in Nordion Inc. (NDZ) that accounts for 0.10% of its 1Q14 portfolio.

  • Reuters2 years ago

    Nordion shareholders back $805 mln takeover by Sterigenics

    Shareholders of Canadian medical isotope supplier Nordion Inc voted on Friday to support a friendly $805 million takeover offer by U.S.-based Sterigenics International, clearing a major hurdle facing the deal. More than 76 percent of votes cast by shareholders backed the offer, satisfying a requirement for two-thirds support, Nordion Chairman Bill Anderson said during the company's annual and special meeting in Ottawa. Nordion is one of the world's leading producers of molybdenum-99, an isotope used in medical imaging. To get its raw material, Nordion depends on an aging nuclear reactor run by state-owned Atomic Energy of Canada Ltd (AECL) in Chalk River, Ontario.